Bank of Rajasthan Loans

Bank of Rajasthan loans are preferred financing options for people of Rajasthan and other parts of Northern India. The loans are available with cheap and competitive rates.

About Bank of Rajasthan Loans

The loan and financing products offered by Bank of Rajasthan are tailor-made to meet various requirements of the borrowers. The details given below will help you get a better understanding of the different types of loans offered by Bank of Rajasthan.

1) Personal banking

The personal banking division of Bank of Rajasthan offers the following types of loans:

• Housing Finance (Apna Ghar Scheme): For buying/construction of homes. Loans for home extension are also available.
• Loan for consumer durables: You can buy consumer durables like TV, refrigerators, personal computers and air conditioners with these loans.
• Car Finance: Ideal financing options for buying a brand new car of your choice.
• Loan against NSC's /LIC policies etc.: These loans are offered to fulfill any urgent financial requirements.
• Loan against Deposits: These loans are offered against the term deposit of Bank of Rajasthan.
• Educational loan: These loans are meant for financing higher education.
• Loan against shares: These loans are offered to individuals and institutional clients against their shares.

2) Commercial banking

The commercial banking division of Bank of Rajasthan offers the following loan products:

a) Fund Based

• Cash Credits (C.C.)
• Overdrafts in Current Accounts (O.D.)
• Usance Bills Discounted (UBD) and Bills purchase (BP)
• Loans
• Foreign Bills purchase and Discounted (FBD/FUBD)
• Packing Credit Loans (PCL)
• Credit Facility to SMEs Sector
• Import/Export Loans

b) Non-Fund Based

• Letters of Credit (L.C.)
• Letter of Guarantee (L.G.)
• Deferred Payment Guarantees (DPG)

Gold Card Scheme

The goal of the Gold Card Scheme launched by Bank of Rajasthan is to promote exports by providing export finance at competitive rates and terms and with improved and resourceful services. These schemes are available to export firms who have a commendable past performance. The Gold Card Scheme introduced by Bank of Rajasthan always focuses on helping small and medium scale export firms.

Credit facilities to SMEs

Bank of Rajasthan has credit facilities for SMEs (Small and medium scale enterprises). These loans are available for industries like tiny industries, small scale industries, medium enterprises and small service and business enterprises.

DRS SME Scheme

The DRS SME Scheme launched by Bank of Rajasthan is also known as Debt Restructuring Mechanism for Small and Medium Enterprises (SMEs). The idea is to restructure the debts of Small and Medium Enterprises so that they can pay off their loan obligations more easily.

Bank of Rajasthan offers a range of credit facilities to satisfy various requirements of the consumers coming from various sectors of trade and industry.